Over a year ago I had buyers interested in a short sale listed with another agent. We submitted a strong cash offer to the listing agent and received an executed copy of the contract back. Then we waited and waited and waited some more. When we couldn't even get the listing agent to return phone calls the buyers decided to cancel the offer and purchase another property.
Fast forward to November 2011...I receive an email from the seller of the home my buyers canceled the purchase contract on. I was informed that our offer was never even sent to the lender and now the previous listing agreement had expired. The sellers wanted to know if my buyers were still interested which they weren't as they already purchased another home. The seller then wanted to know if I would be interested in listing the home as a short sale. He had kept the original offer I had submitted, researched me online and tracked me down thru the internet.
Here we are in early January and we just got approval along with the sellers debt forgiven in writing. I am not sure why the original listing agent didn't submit the original offer I sent to the lender but I am happy the seller decided to contact me. I was able to successfully get the short sale approved and the seller is extremely relieved.
Terry McCarley, CDPE - Jones & Co Realty - Specializing In Assisting Distressed Homeowners - 239-707-4575 - Visit Me Online At www.ListWithMe.com
Comments
Thanks Bryant! I'm happy I was able to help them. I have had a couple of cases where the sellers contacted me when it was too late (like the week before the foreclosure sale) so thankfully I had time to get this one done.
Great story Terry!! Good job helping these folks out.